Hanmi Financial Corporation

for the company. Please go ahead, sir.

Thank you, operator, and thank you all for joining us today to discuss HOMNY's third quarter 2025 results. This afternoon, HOMNY issued its earnings release and quarterly supplemental slide presentation to accompany today's call. Both documents are available in the IR section of the company's website at HOMNY.com. I'm here today with Bonnie Lee, President and Chief Executive Officer of HOMNY Financial Corporation, Anthony Kim, Chief Banking Officer, and Ron Santarosa, Chief Financial Officer. Bonnie will begin today's call with an overview. Anthony will discuss loans and deposit activities. Ron will provide details on our financial performance. And then Bonnie will provide closing comments before we open the call up for your questions. Before we begin, I would like to remind you that today's comments may include forward-looking statements under the federal securities laws. Forward-looking statements are based on current plans, expectations, events, and financial industry trends that may affect the company's future operating results and financial position. Our actual results may differ materially from those contemplated by our forward-looking statements, which involve risks and uncertainties. A discussion of the factors that could cause our actual results to differ materially from these forward-looking statements can be found in our SEC filings, including our reports on Form 10-K and 10-Q. In particular, we direct you to the discussion of certain risk factors affecting our business contained in our earnings release, our investor presentation, and in our Form 10Q. With that, I would now like to turn the call over to Bonnie Lee. Bonnie, please go ahead.

Thank you, Ben. Good afternoon, everyone. Thank you for joining us today to discuss our third quarter 2025 results. I am proud of our team's outstanding performance this quarter. which continued to advance the momentum we have been building throughout the year. We delivered a strong growth in net interest income, driven by improved margins and further expansion of our loan portfolio. Commercial loans were a key contributor of a total loan production. This performance reflects continued investment in our commercial lending teams, the success of the USKC initiative, and strategic expansion into new markets. The strength of our deposit base in supporting our loan growth was further enhanced by these investments with a consistent activity across all categories. Most importantly, we further improved our outstanding asset quality with the reductions in current size and non-performing loans. These results underscore our commitment to comprehensive loan portfolio management and the strong credit culture that we have fostered at HOPME. Now, let me review some key highlights of the quarter. Net income for the third quarter was $22.1 million, or 73 cents per diluted share, compared to $15.1 million and 50 cents, respectively, in the second quarter. The increase in net income was primarily due to higher net interest income and a decrease in credit loss expense. Return on average assets was 1.12%, and return on average equity was 10.69%. Pre-provision net revenues increased 16.4%, $4.7 million, demonstrating the strength of our core business. Net interest margin in the quarter expanded by 15 basis points to 3.22%, driven by higher average yields and loans, and lower funding costs on a linked-quarter basis. As I just mentioned, asset quality remains excellent, improving from the second quarter due to our proactive portfolio management with the reductions in current size loans and non-performing assets. In addition, we have seen a meaningful reduction in net charge-offs. This improvement is a reflection of our deliberate and ongoing focus on credit as well as collections. Quarter loans increased to $6.53 billion or 3.5 percent on a linked quarter basis with a significant increase in loan production, which was up 73 percent to $571 million. The recent investment we made to expand our CNI banking teams helped drive a strong loan production during the third quarter with the $211 million in new CNI loans across the diverse industries. As I have noted previously, CNI remains a key strategic priority to growing the HANMI franchise. Deposits increased by 0.6% in the third quarter, or 2.2% annualized, driven by new commercial accounts and our expansion into new markets. This growth highlights our ability to consistently build new customer relationships while deepening existing ones. non-interest-bearing demand deposits were stable at approximately 31% of total deposits. We continue to judicially manage our non-interest expense. These efforts are reflected in our improving operating leverage as our efficiency ratio declined to a two-year low of 52.65%. Turning now to our corporate career initiative. During the third quarter, We continue to add new relationships and expand existing ones with the U.S. subsidiaries of Korean companies. Both USKC loan and deposit portfolios experience healthy growth in the quarter, reaching the mid-teens as a percentage of total loans and deposits. While the current macro environment continues to evolve, we are excited about the long-term growth potential of our USKC initiative. In late September, I led a delegation of Hamni executives on a trip to Korea, where we were invited to present in economic forums and participate in several business conferences to share insights with the Korean companies interested in expanding in the U.S. It was a great opportunity to connect directly with so many Korean business leaders to learn about their ambitions and better understand their needs. At the same time, we were able to introduce them to Hamni Bank, and the proven expertise our teams have in helping companies execute on their U.S. expansion plans. As we look forward to the fourth quarter, Hanmi is well-positioned to maintain our strong momentum of the third quarter as we execute our key strategic initiatives and priorities, which include driving loan growth in the mid-single-digit range up from our previous forecast of a low to mid-single-digit growth, further scaling our CNI, residential, and SBA loan portfolios, broadening our core deposit base, strengthening and establishing new relationships within key markets, capitalizing on our solid liquidity position and maintaining solid credit metrics, which reinforce our position as a well-capitalized institution, and sustaining our enhanced asset quality through proactive portfolio oversight and discipline credit management. When I looked at our performance through the first nine months of the year, I am pleased with our results, which demonstrates continued execution of our growth strategy. Year-to-date, loans have grown 4.4 percent, pre-provision net revenues have increased 35 percent, and net interest margin is 37 basis points higher compared to 2024. These are outstanding results, and our team remains focused on continuing to drive this momentum for a strong finish to 2025. I'll now turn the call over to Anthony Kim, our Chief Banking Officer, to discuss the third quarter loan production and deposit in detail. Anthony?